A centralised mercantile exchange, set to launch in July, will offer transparency and therefore equitable prices, says Shafeequr Rahman, CEO of the Cambodian Mercantile Exchange PLC
Many people do not understand how a commodities exchange works and what it does. Can you explain the exchange?
A commodities exchange is a central meeting place where buyers and sellers meet to do business.
The exchange provides an online trading facility where buying and selling takes place.
The exchange itself does not buy or sell commodities or contracts; nor does it set or establish prices, but it makes sure that a fair trade happens between its member buyers and sellers.